Market News

Parliament saves food programme for the EU's most deprived citizens

The “Food for the needy” programme will continue to supply food to the EU's most deprived citizens for two more years, thanks to a rescue plan agreed with the Council...

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French wine and spirits exports over ten billion euros

The export of French wines and spirits last year broke the historical record, exceeding 10 billion euros for the first time. The increase was 10 percent compared to last year...

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GKI: The change started

According to the forecast of GKI the successful accomplishment of negotiations with the IMF and the EU will be enough only for mitigating the contraction of GDP. The recovery of...

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In January, fuel, alcoholic beverages and food led the price increases

In January, consumer prices were 5.5 percent higher than a year ago. In the growth, certain tax measures and forint's exchange rate played the most significant role. The price of...

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Huge forces were mobilized across Europe against food adulteration

Serious forces were moved by the European authorities in recent months, to eliminate criminal organizations distributing counterfeit food products. The Hungarian authorities were also involved in the process. The list...

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Apricot and cherry flower buds frozen, still no expensive fruits

According to preliminary surveys, the dramatic cold over minus twenty degrees froze the earliest kind of apricot and cherry flower buds. However, if the majority of orchards in Europe get...

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The growth of industrial production declined at the end of 2011

The volume of industrial production, compared the same period of last year increased by 2.1 percent in December 2011. The low base also played a role in the moderate growth....

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Excise tax on tobacco products to increase again

The excise tax on cigarettes will increase to HUF 11,500 per 1,000 pieces, or 30% of its retail price, from February 1 and to HUF 11,900, or 31% of the...

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MFB: the total value of loans in agriculture over 800 billion HUF

The total value of the completed and ongoing agri-credits was 803.77 billion HUF at the Hungarian Development Bank (MFB) Zrt. on the 31st of  December 2011 – informed the financial...

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Optimism in the German economy

Contrary to the expected -12 points, the Mannheim-based ZEW research institute’s prosperity index of February jumped to +5.4 points, entering into a positive range, the first time since May 2011...

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Magazine: Non-alcoholic, single-flavour pralines in small packaging units

According to the Nielsen Retail Index, the annual praline market values at more than HUF 17 billion. Non-alcoholic pralines had an 85-percent value and volume share from praline retail sales...

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Hipercom: Valentine's Day special offers in Hungarian stores

Shortly before Valentine's Day, special offer flyers have flooded the market and mailboxes to offer the best purchases for customers. The database of Hipercom Monitoring has taken a closer look...

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More than half a million Hungarians buy pralines for Valentine's Day

Valentine's Day is, of course a special season for chocolate producers, especially after the weal revenue of January: nearly half a million Hungarian households are purchasing chocolate for this special...

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Another wave of layoffs is on the agenda?

According to the survey of GKI made in January, the number of undertakings reckoning with increasing sales revenues exceeds those expecting decreasing ones. In terms of the number of employees...

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Kantar Media: The hypermarkets increased, FMCG manufacturers reduced their spendings on adverts

Over the past year, the remaining illusion has shattered in the term increasing of the  advertising market – shows the study of Kantar Media. The datas showed a minimal growth,...

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Magazine: Pork prices upped considerably

Data from the Central Statistical Office (KSH) indicates that in the first half of 2011 the number of pigs reduced by more than 2 percent (if compared with the same...

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The frost may have destroyed this year's grape harvest

If the record cold lasts longer, a significant proportion of vines may curdle causing a minimum of 20 billion HUF damage to the Hungarian winemakers – forecasts Varga Winery. The...

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The breweries are preparing for the European football championship

The world's largest brewer the Anheuser-Busch inBev appeared on the Polish market with its Belgian Beer Cafe franchise. The American company would time the market entry, for the period of...

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Tobacco growers can start the year well

Tobacco growers reached the best revenues of recent times last year – told Bényei Illés, Chairman of the Hungarian National Association of Tobacco Producers (MADOSZ) to MTI on Monday. Although...

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Hungaricum Association: the Hungaricum cannot be linked to one ministry

The Hungaricum Association (HUSZ) believes that hungaricums are not only products, but a carry a spiritual value as well, so the Hungaricum system cannot be operated by one  ministry, but...

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The Hungarian-German agricultural trade is well-balanced

Sulyok Ferenc, the agricultural attaché at the Hungarian Embassy in Berlin told that the Hungarian-German agricultura relations are essentially balanced, on Thursday to MTI. Sulyok Ferenc said that the agricultural...

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The “Search for the local products” campaign ended with success

During the 12 weeks of the “Search for the local products” campaign the advantages of the consumption of local food products were managed to make better known. According to  the...

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KSH: cattle stocks increased

Among the main species the number of cattle in the past six months increased, while the number of sheep and pigs reduced. The poultry population has changed proper to the...

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The Hungarian Grey took a big step

The Russian authorities have shut down the West European beef imports from February, due to a major new outbreak of cattle epidemic. Due to the large Turkish demand the interests...

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The payment of animal welfare grants may accelerate in the poultry sector

The claim of poultry sector animal welfare support is expected to be simplified from this year – was said at the recent board meeting of the Poultry Product Council (BTT)....

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U.S. consumer confidence on slope after five months

According to a recent survey of the University of Michigan; in February, consumer pessimism increased in the U.S. -. The consumer confidence index decreased to 72.5 points from  75, while...

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German exports surpassing one thousand billions of euros

German exporters were in a new dimension last year: exports exceeded one trillion euros for the first time, primarily due to increasing demand in the emerging Eastern European countries. The...

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A chocolate cake for breakfast can help to lose weight

If we start the day with a chocolate cake as part of an entire breakfast, that can help to lose weight – the British Daily Telegraph newspaper's online edition quotes...

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Gift exchange rush after the Chinese New Year

Gift exchange and resale industry flourishes in China after the Chinese New Year, that is traditionally the biggest gift giving period. Depending on the type of the products the “resellers”...

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The outlook for private consumption in 2012

n line with the forecast from GfK, private consumption in Germany rose last year by 1.5% in real terms. And as GfK CEO Matthias Hartmann announced at today’s press conference...

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